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The Robot Report

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Indian drone developer Raphe mPhibr raises $100M

  • Indian drone developer Raphe mPhibr, known for its light carbon-fiber composite drones, raised $100 million in Series B funding.
  • The funding will be used for research, development, and local production capabilities as drone usage increases for military and surveillance purposes.
  • Raphe mPhibr produces its own components like batteries, flight controllers, and materials domestically, with plans to manufacture radars and cameras in-house.
  • The company currently has over 600 employees and has sold more than 1,870 drones, primarily to Indian government agencies like the Army, Navy, and Air Force.

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